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Parker review urges listed UK companies to add non-white directors

A UK government-backed report, lead authored by Anglo American chairman Sir John Parker, has urged FTSE 100 and FTSE 250 companies to have at least one non-white director by 2021, arguing that boards representing a more diverse set of professionals will take better decisions.

The report, titled “Beyond One by ’21”, noted that only 8% of the 1,087 director positions at blue-chip UK firms were currently held by non-white individuals, as compared with the demographic’s 14% share of the UK population, while 53 such companies had all-white boards.